Capital One Financial (COF) Tops Q1 EPS by 19c

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Capital One Reports First Quarter 2019 Net Income of $1.4 billion, or $2.86 per share

April 25, 2019 4:06 PM EDT

MCLEAN, Va., April 25, 2019 /PRNewswire/ -- Capital One Financial Corporation (NYSE: COF) today announced net income for the first quarter of 2019 of $1.4 billion, or $2.86 per diluted common share, compared with net income of $1.3 billion, or $2.48 per diluted common share in the fourth quarter of 2018, and with net income of $1.3 billion, or $2.62 per diluted common share in the first quarter of 2018. During the quarter, we recorded $25 million of Walmart launch and related integration expenses. Excluding this adjusting item, net income for the first quarter of 2019 was $2.90 per diluted common... More